MarketsFarm — Extreme heat and drought throughout most of Argentina have taken a huge toll on that country’s soybean crop. Dr. Michael Cordonnier of Soybean and Corn Advisor said the […] Read more
Argentina soybeans go from ‘worse to worser,’ expert says
Heatwave now crisping early-planted crops
Pulse weekly outlook: Demand nudges lentil prices upward
Rapid rises seen leading to 'pause mode'
MarketsFarm — There have been some modest upticks in green and red lentil prices recently due to increased demand from India and Turkey, according to Marcos Mosnaim of Export Packers. […] Read more
ICE weekly outlook: Upswings likely out of question for canola
Canada's exports expected to ebb
MarketsFarm — Don’t expect any large increases in canola prices any time soon, according to Ken Ball of PI Financial in Winnipeg. In fact, there’s a good chance seen that […] Read more
CBOT weekly outlook: It still comes down to South America
Continent's soy situation conflicting
MarketsFarm — Although the U.S. Department of Agriculture (USDA) is set to issue its next supply and demand estimates on March 8, what’s going on in South America continues to […] Read more
Prairie cash wheat: Durum rises, red spring falls back
U.S. wheat futures down on week
MarketsFarm — Wheat prices on the Canadian Prairies saw the red spring varieties take a hit during the week ended Thursday, while durum made gains. There were sharp declines in […] Read more
Feed grain weekly: Prices slip back on good supplies
Demand for corn from Manitoba, U.S. wanes
MarketsFarm — There are sufficient supplies of feed barley, wheat and corn across the Prairies, according to Evan Peterson, trader with JGL Commodities. In turn, that’s putting pressure on prices. […] Read more
Pulse weekly outlook: AAFC report makes minor changes
Revisions mainly in dry peas, chickpeas
MarketsFarm — Following the latest supply and demand estimates from Agriculture and Agri-Food Canada (AAFC), MarketsFarm Pro analyst Mike Jubinville said their numbers “all seem reasonable enough.” There were only […] Read more
CBOT weekly outlook: Values pull back from upper ranges
Early U.S. estimate of planting intentions due out next week
MarketsFarm — Despite some bullish influences, commodity prices at the Chicago Board of Trade (CBOT) were stepping back in mid-February. That movement wasn’t a surprise to Scott Capinegro of Barrington […] Read more
Feed weekly outlook: Grain stocks set tone for barley, wheat
Barley expected to go bullish in April, May
MarketsFarm — Statistics Canada’s (StatCan) grain stocks report issued earlier this week largely met trade expectations, according to Winnipeg-based independent trader Jerry Klassen. The survey-based report, which estimated the country’s […] Read more
Pulse weekly outlook: Chickpea stocks down; lentils, dry peas up
Chickpea prices unchanged before report
MarketsFarm — Statistics Canada on Tuesday tallied up increases in commercial and on-farm stocks of both lentils and dry peas, in its report on grain stocks as of Dec. 31, […] Read more